Bitcoin News

Bitcoin (BTC) was created by the pseudonymous Satoshi Nakamoto in 2008 as the world's first successful cryptocurrency, solving the double-spending problem that had plagued previous digital cash experiments. Operating on a decentralized proof-of-work blockchain, Bitcoin enables peer-to-peer transactions without intermediaries, with its monetary policy enforced through cryptographic consensus rather than central authority.

The Bitcoin network is maintained by miners who secure transactions and earn newly minted bitcoin, while a global ecosystem of traders, institutional investors, developers, and businesses continues expanding its adoption. From El Salvador's legal tender status to corporate treasury adoption by companies like MicroStrategy and Tesla, Bitcoin has evolved from a cryptographic experiment into a recognized store of value and inflation hedge.

At CoinDesk, we deliver breaking Bitcoin news and in-depth analysis covering everything from price movements and institutional adoption to technological developments and regulatory shifts. Our team tracks Bitcoin ETF launches, mining industry changes, Lightning Network growth, and the ongoing debates shaping cryptocurrency's future.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Finance

Goldman Sachs Makes Its First Bitcoin-Backed Loan

The global investment bank allowed a borrower to use the cryptocurrency as collateral for a cash loan.

By Brandy BetzApr 28, 2022

(Daniel Acker/Bloomberg via Getty Images)

Markets

Market Wrap: Cryptos Mixed as Bitcoin Trades Near $40K

BTC is on track for a 15% decline this month, compared with a 13% loss in ETH.

By Damanick Dantes, Angelique ChenApr 28, 2022

Searching for signs of stability (Julian Hochgesang/Unsplash, modified by CoinDesk)

Layer 2

The Crypto Company Aiding El Salvador’s Bitcoin Adoption

Chicago-based Athena Bitcoin deployed bitcoin ATMs in El Salvador a week after the government legalized bitcoin as legal tender. Despite rollout problems, the company remains bullish on the project. This piece is part of CoinDesk's Payments Week.

By Fran VelasquezApr 28, 2022

SAN SALVADOR, EL SALVADOR - NOVEMBER 22: A shoe shiner works outside a shop that accepts Bitcoin for payment on November 22, 2021 in San Salvador, El Salvador. Merchants in El Salvador slowly adopt Bitcoin as a means for payments after more than 2 months of the cryptocurrency being approved as legal tender by the Legislative Assembly (Photo by Camilo Freedman/APHOTOGRAFIA/Getty Images)

Podcasts

Big Time for Small Miners

By Dan Ilett, Danny Nelson, Benjamin Schiller, Danny BradburyApr 28, 2022

Podcasts

Bitcoin Is Coming to Your 401(k)

By Nathaniel WhittemoreApr 28, 2022

Markets

Bitcoin Back Over $40K as More Countries Embrace Crypto

Fresh signs emerged of accumulation by investors and greater adoption by nations from Africa to Central and South America.

By Angelique ChenApr 28, 2022

Bitcoin was up 3.2% in the past 24 hours, changing hands at $40,206. (CoinDesk)

Videos

Singapore’s Responsible Crypto Aim; Okay Bears Storm the Charts

Bitcoin mining difficulty hits all-time high. MAS says Singapore wants to position itself as a “responsible crypto hub.” Okay Bears NFTs help Solana net $2 billion in sales. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Apr 28, 2022

Markets

Bitcoin Holding Support; Resistance at $43K

The current price action is similar to what occurred in 2018-2019.

By Damanick DantesApr 28, 2022

El gráfico diario de bitcoin muestra el soporte/resistencia, con el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

Videos

Bitcoin Is Now Legal Tender in Central African Republic

CoinDesk's Nikhilesh De discusses the Central African Republic’s decision to adopt bitcoin as legal tender, following El Salvador as the second country to do so. De explains how currently the two nations’ economies are dependent on foreign powers, possibly driving them to digital assets as a means of self-sovereignty.

Apr 28, 2022

Finance